NOT LISTED FOR SALE

275 Mast Rd Durham, NH 03824

-- Bed
8 Baths
8,389 Sq Ft
1.97 Acres

Last Sold July 28, 2020

Last sale price $2,200,000 $262 Per Sq Ft

3 Days on Market

Highlights

  • Secluded Lot
  • Grass Field
  • Walk-Up Access
  • Mast Way School Rated A-
  • Hot Water Heating System

About This Home

As of July 2020

This one is special! After 35 years of hard work and continual reinvestment the current owner is ready to sell. Take a look at the pictures! This property is set up for years of solid returns. 3 Buildings with a total of 8 Units and 27 beds. Two of the buildings (5 total units) were built in the last 18 years and all 8 units and the mechanical systems are in great shape. The property features spacious units with lots of tile and hardwood floors, 40 parking spaces, dishwashers(5 out of 8 units) and washers/dryers (6 out of 8 units) and all units have private entrances. Owner pays for all utilities, including internet. Tenants only pay for electricity.

Last Listed By

Joe Nelson

Bean Group / Portsmouth Brokerage Phone: 800-450-7784 Listed on: 05/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,585

Year Built

  • Built in 1900

Lot Details

  • 1.97 Acre Lot
  • Secluded Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 8 Full Bathrooms
  • 8,389 Sq Ft Home
  • 2-Story Property

Basement

  • Partial Basement
  • Walk-Up Access
  • Crawl Space

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Available at Street
  • Drilled Well
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 20

Community Details

Overview

  • 8 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $71,530
  • Gross Income $254,000
  • Net Operating Income $182,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,585

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Main Street to Mast Road.At the intersection of Mast Road and Spinney Road
  • Flood Zone: Unknown
  • Assessment Amount: 1111500
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 262.25
  • Year Built: 1900
  • Remarks Public: This one is special! After 35 years of hard work and continual reinvestment the current owner is ready to sell. Take a look at the pictures! This property is set up for years of solid returns. 3 Buildings with a total of 8 Units and 27 beds. Two of the buildings (5 total units) were built in the last 18 years and all 8 units and the mechanical systems are in great shape. The property features spacious units with lots of tile and hardwood floors, 40 parking spaces, dishwashers(5 out of 8 units) and washers/dryers (6 out of 8 units) and all units have private entrances. Owner pays for all utilities, including internet. Tenants only pay for electricity.
  • List Agent: 15715
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Crawl Space, Partial
  • Sq Ft - Apx Finished AG: 8389

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Drilled Well
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Total Electric Meters: 9
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 8
  • Total Refrigerators: 8
  • Total Water Heaters: 8
  • Trash: Dumpster
  • Utilities: Gas - At Street, Internet - Fixed Wireless

Lot Info

  • Map: 9
  • Lot: 20
  • Lot Sq Ft: 85813
  • Lot Acres: 1.97
  • Lot Description: Field/Pasture, Secluded
  • Surveyed: Yes
  • Zoning: MUDOR
  • Deed Book: 2482
  • Deed Page: 0035
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 254000
  • Net Income: 182470
  • Total Full Baths: 8
  • Total Units: 8
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 5

Tax Info

  • Tax Gross Amount: 30585
  • Tax Year: 2019

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $2,200,000 0.0% $262 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $2,200,000 -- $262 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joe Nelson

    Bean Group / Portsmouth

  • Paula Igoe

    Buyer's Agent in 2020

    Paula Igoe

    Arthur Thomas Properties

    (603) 978-4909

    100 Total Sales

    Paula Igoe
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4803882

PrimeMLS

New Hampshire Strafford County Durham 03824

275 Mast Rd, Durham, NH

Homes for Sale in Durham, NH

This home is located at 275 Mast Rd, Durham, NH 03824 since 06 May 2020. This property was built in 1900. 275 Mast Rd is a home located in Strafford County with nearby schools including Mast Way School, Oyster River Middle School, and Oyster River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.